Global Electric Heating Equipment Market Overview 2019

Electric Heating Equipment Market Size

The global electric heating equipment market revenue amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Over the period under review, the global electric heating equipment market reached its peak figure level in 2018 and is likely to continue its growth in the near future.

Electric Heating Equipment Production

In value terms, electric heating equipment production totaled $X in 2018 estimated in export prices. Overall, the total output indicated prominent growth from 2013 to 2018: its value increased at an average annual rate of +X% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electric heating equipment production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Global electric heating equipment production peaked in 2018 and is likely to see steady growth in the near future.

Production By Country

China (X units) remains the largest electric heating equipment producing country worldwide, comprising approx. X% of total production. Moreover, electric heating equipment production in China exceeded the figures recorded by the world's second-largest producer, Kyrgyzstan (X units), twofold. The U.S. (X units) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual growth rate of volume in China amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: Kyrgyzstan (+X% per year) and the U.S. (+X% per year).

Electric Heating Equipment Exports

Exports 2007-2018

In 2018, approx. X units of electric space heating apparatus and soil heating apparatus were exported worldwide; remaining stable against the previous year. The total export volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, global electric heating equipment exports reached their maximum at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, electric heating equipment exports totaled $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, global electric heating equipment exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China (X units) and Kyrgyzstan (X units) represented roughly X% of total exports of electric space heating apparatus and soil heating apparatus in 2018. Germany (X units) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Malaysia (X%). Russia (X units) and Japan (X units) followed a long way behind the leaders.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest electric heating equipment supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, electric heating equipment exports expanded at an average annual rate of +X% over the period from 2013-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the average electric heating equipment export price amounted to $X per unit, picking up by X% against the previous year. Overall, the electric heating equipment export price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for electric space heating apparatus and soil heating apparatus attained their maximum at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Electric Heating Equipment Imports

Imports 2007-2018

In 2018, approx. X units of electric space heating apparatus and soil heating apparatus were imported worldwide; picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when Imports increased by X% against the previous year. Over the period under review, global electric heating equipment imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, electric heating equipment imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when Imports increased by X% year-to-year. In that year, global electric heating equipment imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Kazakhstan (X units) represented the main importer of electric space heating apparatus and soil heating apparatus, committing X% of total imports. The U.S. (X units) ranks second in terms of the total imports with a X% share, followed by the UK (X%), Germany (X%) and Russia (X%). The following importers - Japan (X units), France (X units), Italy (X units), the Netherlands (X units), Spain (X units) and Viet Nam (X units) - together made up X% of total imports.

Imports into Kazakhstan increased at an average annual rate of +X% from 2013 to 2018. At the same time, Viet Nam (+X%), Germany (+X%), Russia (+X%), the Netherlands (+X%), Italy (+X%), Japan (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing importer in the world, with a CAGR of +X% from 2013-2018. By contrast, France (-X%), Spain (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. From 2013 to 2018, the share of Kazakhstan and Germany increased by +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported electric space heating apparatus and soil heating apparatus worldwide, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2013 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and France (-X% per year).

Import Prices by Country

In 2018, the average electric heating equipment import price amounted to $X per unit, going up by X% against the previous year. Overall, the electric heating equipment import price, however, continues to indicate a drastic decline. The growth pace was the most rapid in 2018 an increase of X% year-to-year. Global import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

This report provides an in-depth analysis of the global electric heating equipment market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.